Administration of Will Trusts
Our lawyers can relieve Trustees of the administrative burden associated with their Trust’s affairs
Our lawyers can relieve Trustees of the administrative burden associated with their Trust’s affairs
Administration of Will Trusts - What should you consider?
Administering a Will Trust successfully can be time consuming and daunting. Our Trust administration solicitors can help you with your duties as a Trustee or help you look after your Trust correctly.
At Goughs, we have extensive experience in Trust administration ensuring a tax-efficient way to preserve your wealth and provide for future generations.
How can we help you with your Will Trust?
Will Trusts are complex and Trustees often struggle to manage their duties meaning they could face claims from beneficiaries.
We can assist you with the following…
Managing the administration of Trusts
Ensuring the Trust is legal and tax compliant
We can act as a professional Trustee for you
Advising on legal responsibilities of Trustees
Preparing Trust accounts
Providing expert legal advice about tax management
Popular questions
about administering a Will Trust
A Will Trust gives assets to the people you appoint as Trustees to hold for the future benefit of others (the beneficiaries). It is included in your Will and set up on your death. Trusts are often used as a tool for the benefit of Inheritance Tax planning.
Trusts are set up for a number of reasons which include the control and protection of family assets or the financial protection of a person who may be too young to handle their affairs and more.
A Trustee takes legal ownership of the assets held by a trust and assumes fiduciary responsibility for managing those assets and carrying out the purposes of the Trust.
Our specialist legal advisors in Wiltshire have many years experience in Trust administration and acting as a professional Trustee. We will work with you to find the best solution for your needs.
When choosing a Trustee it’s important to understand they are the one who accepts legal responsibility for the assets in the Trust.
Administering a Trust successfully is a complex and time consuming process. Our solicitors at Goughs have the legal experience and knowledge necessary.
Our clients rate us excellent
Sue Greenman
Everything was completed professionally and within my tight time scales. I would like to say thank you and would definitely go back to Goughs should I need help in the future.
Ali McBrine
Thank you Alice Blackmore for your fantastic professional support, with care, compassion and kindness, of our need for explanation and understanding of the system and language in a lot of correspondence. Thank you too for being always being honest and empathic of our feelings.
Andrew Alvis
Another well-managed transaction handled promptly and professionally by Nadine Cook and her team. We have used Goughs before, will use again and would not hesitate to recommend their services to anybody.
Phil Carter
Goughs Solicitors provide a friendly, professional and extremely reassuring service. The whole team, especially Georgina Catlin, are empathetic and provide sound advice when required, you definitely feel you are in safe hands.
Specialist Will lawyers
Local since 1882, with an excellent reputation
First-class, effective service
Largest solicitors in Wiltshire
Seven offices throughout the county
Nationally accredited law firm
Recognised by Legal 500 and Chambers & Partners
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